May 28, 2022 04:01 (IST)
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Sri Lanka: Island Aflame

The political crisis started in the Island nation on October 26, 2018, by President Sirisena abruptly ousting Prime Minister Wickremesinghe and replacing him with Rajapaksa, is expected to continue for quite some time… Sri Lanka: Fueling Uncertainty, November 12, 2018.

Indian govt to send 65,000 MT of urea to Sri Lanka

Colombo: India has pledged to supply 65,000 metric tons (MT) of urea fertiliser to Sri Lanka, for the current harvesting season under the existing $1 billion Indian line of credit.

We are fully supportive of Sri Lanka's democracy, stability, economic recovery: MEA

New Delhi: Amid the political turbulence in southern neighbour Sri Lanka, India on Tuesday said that it is “fully supportive of its democracy, stability and economic recovery” and that New Delhi “will always be guided by the best interests of the people of Sri Lanka expressed through democratic processes”.

China trapped Sri Lanka into Debt

After having entrapped Sri Lanka into a situation of debt, China is today offering more loans and aid, as so-called grants to the island nation.

India hands over large consignment of essential medicines to Sri Lanka

New Delhi: India has handed over a large consignment of drugs and other medical supplies to Sri Lanka, which is facing a severe shortage of essential drugs amid an economic downturn.

Midst of escalating financial and petroleum crises, India launches a rescue effort on Sri Lanka

As Sri Lanka's economic crisis deepened, political instability erupted in the form of large-scale protests. Sri Lankans were irked by the government's mismanagement of financial affairs,corruption and bad judgment on initiatives that backfired, leaving the country impoverished - mostly in terms of lacking foreign exchange reserves.

Midst of escalating financial and petroleum crises, India launches rescue effort on Sri Lanka

As Sri Lanka's economic crisis deepened, political instability erupted in the form of large-scale protests. Sri Lankans were irked by the government's mismanagement of financial affairs, corruption and bad judgment on initiatives that backfired, leaving the country impoverished - mostly in terms of lacking foreign exchange reserves.

Chinese debt-trap: Africa should take lesson from Sri Lankan economic crisis

The island nation of Sri Lanka is facing one of the worst economic crisis, skyrocketing inflation, food shortages and weak government finances. This has been an outcome of a sharp rise in foreign debt since 2010, reaching 88 percent of the country’s GDP in 2019, causing a severe economic crisis.

India sends 76,000 tonnes of fuel to Sri Lanka in 24 hrs amid country's severe economic crisis

New Delhi/IBNS: As Sri Lanka is battling a severe economic crisis, India on Wednesday provided fuel to Colombo to help the country meet some of its immediate needs and help stabilise its domestic economy.